To: Goose94 who wrote (134885 ) 1/30/2023 4:39:43 AM From: Goose94 Read Replies (1) | Respond to of 202297 Nevada Vanadium Mining Private Placement Offering of Up To 2 Million Units for Gross Proceeds of Up To $280k Jan 26, '23 - NR Nevada Vanadium Mining announces that it proposes to undertake a non-brokered private placement (the “Placement”) of up to 2 million Units of the Company (the “Units”) at a price of $0.14 per Unit to raise aggregate gross proceeds of up to $280,000. Each Unit will consist of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional share of the Company at a price of $0.18 per share for 3 years. The securities issued as part of the Placement will be subject to a hold period of four months plus one day from the date of issue. Closing of the Placement is expected to occur on or about February 15, 2023. Insiders of the Company may participate in the Placement. As such, the issuance of Units to insiders pursuant to the Placement would be considered a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company would rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that any participation in the Placement by insiders would not exceed 25% of the fair market value of the Company's market capitalization. The Company will file a material change report in respect of any related party transaction in connection with the Placement. A Finder’s Fees of up to 7% Finder’s Units may be payable in connection with the Placement. Each Finder’s Unit will consist of one common share of the Company and one non-transferable share purchase warrant with each warrant entitling the holder to purchase one additional share of the Company at a price of $0.18 per share for 3 years. Proceeds of the Placement are expected to be used for project advancement, working capital and general corporate purposes. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Check out latest Nevada Vanadium Presentation Subscribe to receive Nevada Vanadium news the moment it’s out by email for free About Nevada Vanadium Mining Corp. Nevada Vanadium Mining Corp. is a Canadian reporting issuer, holding a 100% interest in the Gibellini Vanadium project in Nevada, United States. To find out more about Nevada Vanadium, visit www.nevadavanadium.com NEVADA VANADIUM MINING CORP. ON BEHALF OF THE BOARD “Ron Espell” CEO For more information about Nevada Vanadium, please contact Investor Relations: info@nevadavanadium.com Flying Nickel Mining (FLYN-V)